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Nvidia gain leads chip stocks higher amid Saudi Arabia mega deal (NVDA:NASDAQ)

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Might 13, 2025 11:16 AM ETNVIDIA Company (NVDA) InventoryAMD, TXN, QCOM, ADI, MU, TSM, ON, SLAB, SSNLF, AVGOBy: Chris Ciaccia, SA Information Editor

BING-JHEN HONG

Semiconductor shares had been largely increased on Tuesday after Nvidia (NASDAQ:NVDA) signed a partnership with Saudi Arabia to show the Center East nation right into a “world powerhouse in AI.”

Nvidia shares rose greater than 6% after it stated it would



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